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A pig with lipstick is still a tax

Analysis

This is the Perspective from today's edition of Europe Airline Daily - the comprehensive new pre-digested daily update on strategic news from Europe, saving you time and keeping you right up to date. Complimentary subscriptions to this report are currently available. Register now!

As Europe's political leaders invest heavily in "spin"- and there is no more expert exponent than the UK government - the airline industry again bears the brunt. This week, the latest piece of admin-gobbledegook emerged from Westminster: "Administrative Incentive Pricing".

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